USA Rare Earth jumps 13.21% as DOE funding sparks rally

Shares of USA Rare Earth Inc. (NASDAQ:USAR) rose 13.21% to $19.37 on Friday, joining a broad rally in critical-metal and mineral-processing equities. The move followed a U.S. Department of Energy announcement of $500 million in funding for seven projects focused on expanding domestic critical-mineral and material processing, battery manufacturing and recycling. The third federal funding round aligns with President Trump's "Unleashing American Energy" executive order, which prioritizes domestic supply-chain security by supporting onshore non-fuel mineral processors and critical-metal producers. USA Rare Earth's stock was trading 11.9% above its 20-day SMA (simple moving average) of $17.30 and 4.3% above its 50-day SMA of $18.56, while remaining 6.3% below its 100-day SMA of $20.67 and 1.2% above its 200-day SMA of $19.14. Its MACD (momentum indicator) was above the signal line with a positive histogram, indicating improving upside pressure, although the August death cross and the 20-day SMA's position below the 50-day SMA could limit follow-through. Key resistance stood at $21.00, while support was identified near $17.00.

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